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Minister Asks the IESO to Develop Northern Hydro Program to Re-Contract Existing Facilities Over 10 MW

May 9, 2024

The Minister of Energy requested that the IESO continue engaging with stakeholders on the development of a program for existing large hydroelectric generation facilities whose contracts with the IESO, or the Ontario Electricity Financial Corporation, expire on or before April 30, 2043. 

Leveraging lessons learned from the development of the Small Hydro Program, the IESO is to provide a report back to the Minister on the draft design of the program no later than December 2024. The Minister's full letter can be found on the IESO's website.

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